Your Credit Scores Should Be Free. And Now They Are.

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an Auto loan is a lot of money

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Your credit history is like knowing someone your going to lend money to.

Would you loan $25000 to a guy you just met on the street on the promise that he will pay you? or would you lend money to someone you have known for 7 years, that has borrowed money every couple of months and always paid you back on time.

Thats what your credit report is like. it gives the lender a picture of how you have managed your money for the last 7 years.

Most banks offer Secured Credit cards to help establish a credit history. Thats how most people begin building their credit history. you put money into a savings account that they use as colateral for the credit card. The card looks and works just like a regular card. Make the payments on time and generally within 6 moths to a year, They will release savings account and convert the credit card to a regular credit card.

Your Credit Scores Should Be Free. And Now They Are.

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